Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1887-08-27
A NEW CANDIDATE FOR PUBLIC
FAVOR.
Remarkable Deposits Of Brown Hematite
Ore Found Near Paduoah.


Ore Found Near Padncah.
A reporter of the American has
picked up the following information
from the General Agent of the Pa,
ducah Land, Coal Il Iron Company
Mr.. Geo. G. Hughes, registered at the
Maxell. 1t Is another indication oil
the inexhaustible resources of the
New South. The inqulresled to such
startling results that the interview Is
given in full for the benefit of the
Americans readers;
Reporter understand Paducah
is coming to the front.
Mr.. H. Since spring we have had
considerable outside money coming
into Paducah. We have been living
over a gold mine and did not know
it. The consequence Is that Eastern
capitalists own all the most substan-
tial improvements. A system OF
street car lines has been built and
equipped with Stephenson cars
water-works Of large capacity have
been constructed. The gas company
was bought out and Is reorganized
and the plant is thoroughly over
hauled a 100000 hotel is being
erected ; a railroad bridge across the
Ohio has been subscribed for; two
new railroads has been subsidized,
one to make connection with Chica-
go, the other with st. Louis. These
railroads will ultimately end in Birm-
ingham and Jackson, Tenn, and
then there is the "New South" a
1,000-ton side wheel steamer, that
was built especially for the st. Louis
and Paducah trade. New enter
prises are springing up all the time.
Rep.-But on what do you base
you fltuIe and present prosperity?
Mr.. H.--Four aces the river, the
railroads and our coal and iron fields.
We have the full benefit of five large
rivers and their tributaries. Seven
ty-five miles from Paducah is the
mouth of the Wabash; then comes
the Cumberland, twelve miles dis
tant the Ohio and Tennessee join in
front of the town, and the Mississippi
is only fifty miles below us. These
rivers in themselves should make q
city of Paducah without further help.
A railroad line of thirty miles will
connect us with Cairo, Ill. We have,
then, the full benefit of all the lines
of that city. These railroads are the
spokes of the wheel, and Paducah is
the hub. With river advantages to
make rates on our manufactured arti-
cles, the city is irrepressible, and to
manufacturers should be irresisti-
BILE.
Rep.-What are the manufacturers
going to produce?
Mr.. H.-Why everything-an
abundance of tobacco, cotton, wheat
and corn from first hands. Coal is in
every direction about us, on the riv-
ers and on the lines of the railroads.
For that reason it is bound to be
cheap, too. Every kind of timber
can be obtained by floating it to Pa
ducah. That rate Of transportation
cannot be lowered. Iron! Well, l
won't say anything about iron on my
own authority, because | am not
known here in that connection, but
here is Paducah paper that has a
full report from Maj. L. I'll. Hays, OF
Louisville, who is an acknowledged
authority on such subjects. One
other item of vast importance-we
have coal in that neighborhood that
does not need coking to make pig
iron.
Rep.-How long will you be with
us?
Mr.. H.-Probably two or three
days, to transact some business l
have here, but will state right here
that / know this, and the interview
with Maj. Hays, which | hand you,
is mighty strong talk, but If it is
doubted / will go back with any in
terested parties to show our proper
ties and prove up what | have said
and it shall not cost them a cent.
The Paducah Land, Coal q Iron Com
pany also own some ! 200 lots within
the city limits bought at last fal's
prices.
Rep.-How much of this iron land
does the company own?
Mr.. Hive don't go much on
quantity of acres, but rather quanti-
ty of iron ore in banks, their grade
ard availability 5000 acres will COW
er the acreage. We acquired this land
last fall, picking over the entire de-
posits from Paducah to seventy miles
up the Tennessee and Cumberland
rivers. We own number of banks
or mines of 80 to 200 acres in extent
with ores assaying from As to go pei
cent.
Mr.. Hughes is quite confident that
that the biggest thing in the South has
been realized last, and thinks Padu
cab should double her present popu'
lation-15, ,000-in the next eighteen
months or two years.
Below will be found the interview
with Maj. Hays to which Mr.
Hughes refers:
A reporter for the News this morn
had aninteresting talk will Maj. Thos
III. Hays, the well-known Louisville
railroad man and capitalist. He had
just returned from trip of some sew.
enty miles up the Tennessee i'm com
pany with Mr.. w. w. james, of Paris
Tenn, and Messrs. Hugh Mulholland
and George C. Hughes, of this place,
The object of the trip was to inspect
the iron fields of Stewart county,
Tenn, now owned by the Paducaf
I and C,oo1 q Iron ftnrnnanU rrb1